Whilst I am quietly confident that Qub will progressively grow over time , what I am not sure about is the amount of shorting that has been going on with this stock Since I have watch the short seller movements information websit ( called Shortman) .
It appears to me that an average of around 40% of the shares traded daily are being sold by the Shorters.
There is over 80m shares shorted as I understand it that will have to rebought back and returned to their owners whom the shares have been borrowed from.
These shorts will need to buy them back at a much lower price than what they sold them at initially to make some money before they return the shares borrowed back the rightfully owners. If and When that occurs I don't know because dontnhave access to that information, however I think it should create further buying opportunities for this stock .
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Last
$3.95 |
Change
0.070(1.80%) |
Mkt cap ! $6.843B |
Open | High | Low | Value | Volume |
$3.93 | $3.97 | $3.91 | $8.992M | 2.283M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 89428 | $3.94 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.96 | 39859 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 49956 | 3.840 |
3 | 28469 | 3.830 |
5 | 57302 | 3.820 |
2 | 19923 | 3.810 |
3 | 6526 | 3.800 |
Price($) | Vol. | No. |
---|---|---|
3.860 | 35913 | 4 |
3.870 | 45168 | 2 |
3.880 | 14851 | 2 |
3.890 | 5558 | 1 |
3.900 | 36665 | 5 |
Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
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QUB (ASX) Chart |